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Credit Card interest rates are now higher than any other generation
“In 2013, rates were on average 13%. Today, they're 24%”
“Last year, Americans paid $170 billion in credit card interest”
Whistleblower says a secret experiment was made, “Elena Botella worked at one of the biggest credit card companies, Capital One, from 2013 to 2018. She says that when she started, Capital One had a policy of not charging anyone, even the riskiest borrowers, more than a 25% rate.
But then the company began an experiment: The idea is how high can you push the upper bound of the price?”
This is very sinister and criminal. Americans are being robbed blind by financial institutions all conspiring together
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